
The New York Knicks fired Tom Thibodeau on Tuesday. It is a decision that will have long-reaching consequences—and it turns out, it'll be very expensive too.
In the aftermath of the stunning decision to move on from Thibodeau, Knicks insider Ian Begley reported the franchise owes its former head coach a ton of money despite firing him. According to Begley, the Knicks owe Thibodeau at least $30 million as a result of the extension he signed last summer.